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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (182779)	11/28/2005 8:50:06 AM
From: Dan3	Read Replies (2) \| Respond to of 186894

Re: the Finance Committee must first approve the six-year grant, under a prior agreement with the Ministries of Finance and Industry, Trade and Labor that the grant would not be part of the Investment Center’s already reduced regular budget. Intel is probably better off just paying $500 million and not lose control over its FAB schedules, especially since AMD is ramping a second FAB right now and a third FAB later next year. Another problem is that some people in the US and Israeli governments may be getting worried about the appearance that US aid is being used to divert US jobs to foreign countries. What if the $525 million were deducted from this year's US foreign aid package and used to get the plant built in Texas? Why not create some jobs for Hurricane Katrina victims? You can bet that question will be asked during the upcoming congressional elections and this whole thing could turn into big delayed mess while AMD triples the number of CPU FABs it has.

To: Proud_Infidel who wrote (182779)	11/28/2005 9:22:50 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

Brian, I'd like to see that $4.2B go to Mexico actually, based upon the recent news that engineering ramp-up time in Mexico has improved. Intel is putting too many eggs in one basket in one country located in a volatile area, meanwhile Mexico is right next door with available talent that's less costly than Israel. My preference is if Intel goes for the lower-cost route. I also think that Intel should allow engineers in Israel that wish to come to the USA to come (or to any other country they may prefer) - some of the younger folks would like to get away from violence. I think an ideal scenario would be if one of the managers at Intel Israel would go to Mexico to open up a plant, and instill the Israeli corporate culture at the Mexican site. By putting them in the role of leadership to spread chip knowledge to ROW, this might actually help them gain confidence in their own abilities so they can learn the skillset of helping other Intel sites in other countries - something they currently are failing on as a site because of perceived self-survival reasons but to the unfortunate (and serious) negative impact to other Intel foreign sites. It would help Intel Israel learn how to share their chip knowledge with Intel's ROW - something they struggle with because they are sometimes much too fearful things will be taken away from them (when they really shouldn't worry about that ever happening, because the current sites are there for good.) Regards, Amy J PS [ A side benefit (though not the basis for my opinion), I think Israel's corporate culture has advantages that you don't see in places like the USA for the career-minded women. It would be nice to also see this smartness get shared and spread to ROW. ]